Fix 66 group applauds VDOT’s partnership finance option for I-66

Fix 66, a newly formed group to advocate for a managed lanes and bus rapid transit system to improve mobility in the I-66 corridor outside of the Capital Beltway, has applauded Virginia Department of Transportation’s (VDOT’s) announcement that they will advance a public-private partnership (P3) option for I-66 improvements to evaluate it with the previously announced public financing option. Fix 66 said, “We applaud VDOT’s decision to put the public-private partnership option on the table because maximi
July 16, 2015 Read time: 2 mins
Fix 66, a newly formed group to advocate for a managed lanes and bus rapid transit system to improve mobility in the I-66 corridor outside of the Capital Beltway, has applauded 1747 Virginia Department of Transportation’s (VDOT’s) announcement that they will advance a public-private partnership (P3) option for I-66 improvements to evaluate it with the previously announced public financing option.

Fix 66 said, “We applaud VDOT’s decision to put the public-private partnership option on the table because maximising private sector investment and ingenuity is the best approach to delivering the most benefit, reducing construction impacts, and minimizing the risk to Virginia taxpayers.  

“If VDOT decides to go it alone with the public financing option, it could be a fiasco for Virginia taxpayers and I-66 commuters resulting in a taxpayer bailout that would wipe all the current transportation funding and likely shutter local road projects throughout Virginia.

“However, we are cautiously optimistic with today’s announcement that VDOT will make the right decision in moving forward with the public – private partnership to bringing traffic congestion relief and a better quality of life to the I-66 Corridor. “
Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • Emissions reductions targets to have major impact on transport
    October 28, 2015
    As bold moves aimed at reducing greenhouse gas emissions have been introduced in California, David Crawford looks at the ramifications for transportation. California Governor Jerry Brown’s recent dramatic raising of the bar on emissions reduction policy for the state has won him praise from Japan, Australia, Europe and the secretariat of the critical UN conference on climate change being held in Paris in November/December 2015. His April 2015 executive order aimed at bringing emissions to 40% below 1990 lev
    Read More
  • Traffic signal priority initiatives aid better bus travel
    March 15, 2012
    David Crawford investigates traffic signal priority initiatives developing for better bus travel on the US Pacific Coast Transit patronage rises by an average of 35% along commuter corridors equipped with bus rapid transit (BRT) systems, according to the US Department of Transportation’s Federal Transit Administration (FTA). BRT as defined as bus transit enhanced with ITS systems for better services, is winning new passengers attracted by opportunity to avoid increasing fuel costs and traffic congestion.
    Read More
  • Developing integrated transport networks
    September 20, 2012
    A major initiative in managing numerous transport networks as a single system has moved into a significant phase with design of sophisticated new ITS systems. Jon Masters reports. Detailed design work is under way on two pilot projects pursuing a common principle – that transportation can be made more efficient or effective if the various networks and modes of travel are managed as a whole system. This is the central tenet of the US Department of Transportation’s (USDOT) Integrated Corridor Management (ICM)
    Read More
  • UK government to investigate best practice for travel information
    January 30, 2012
    The UK Government has been advised by an internal inquiry that it should investigate examples of best practice in travel information services. So where might it look? Jon Masters reports. Publication of a UK Government report on road congestion this year has highlighted a need to look beyond home borders when searching out answers to pressing problems. With regard to issues of travel information in particular, UK transport professionals would do well to look overseas for solutions they can emulate.
    Read More

Highlighted Content